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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

Eco (Atlantic) Oil & Gas Ltd. is a Canada-based oil and gas exploration company with offshore licensed interests in Guyana, Namibia, and South Africa. The Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block in Guyana. The Orinduik Block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers (km) offshore Guyana in the Suriname Guyana basin. The Company holds operatorship and an 85% working interest in four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration licenses (PELs) 97 (the Cooper License); 98 (the Sharon License); 99 (the Guy License); and 100 (the Tamar License), representing a combined area of approximately 28,593 km2 in the Walvis Basin. In South Africa, the Company holds an approximately 6.25% working interest in Block 3B/4B and pending government approval of a 75% operating interest in Block 1, in the Orange Basin, totaling some 37,510km2.


TSXV:EOG - Post by User

Post by ext223on Apr 10, 2013 6:59pm
225 Views
Post# 21239189

watching with envy...lol

watching with envy...lol

i personally think the day was very typical for EOG and healthy...Figure out who anon is... not that hard... and realise this was definitely not a hedge fund redemption but rather something technical...those here for the long haul are gonna be rich...but many many frustrating days ahead...buy some mty food group...some interent reit,,,etc cash has been great without a ton of games...if and when money pours back into the venture man o man those that stuck it out are going to make off really well...seen this type of environment a few times since the early 90's...its an endurance game as far as i se it...great to head to the flea marke t on weekends suck back a few cold ones flog some wares hear some BS...cash is king right now...or yeild if you have lots...EOG closes above .60 and you will see some 100k bid lots...market tends to be right alot these days both directions...besides EOG is almost entirely owned by insiders and institutions...very few retailers left on the venture period or they r all under water like some here...good luck faithfulls I still feel like this one will go large in time!

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